Ameris Bancorp (ABCB) Q4 Earnings and Revenues Surpass Estimates

Group 1 - Ameris Bancorp reported quarterly earnings of $1.38 per share, exceeding the Zacks Consensus Estimate of$1.20 per share, and up from $1.07 per share a year ago, representing a 15$290.78 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.10%, and an increase from 262.35 million year-over-year [2] - Ameris Bancorp has outperformed the S&P 500, with shares increasing about 4.2% since the beginning of the year compared to the S&P 500's gain of 2.7% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is 1.17 on revenues of $280.45 million, and for the current fiscal year, it is$5.02 on revenues of $1.19 billion [7] - The Zacks Industry Rank indicates that the Banks - Southeast industry is in the top 10% of over 250 Zacks industries, suggesting strong performance potential [8]